We’re back with a mid-week edition of Top Links today! I apologize for the absence, but a massive snowstorm had other plans for me as I was stuck in Vermont an extra day. Finally back home, we’re ready to get a now shortened week going!
Here’s what I’ve been reading this morning:
‘When Should You Sell a Stock That’s Down?’ – Ben Carlson – A Wealth of Common Sense
- Despite what has happened since the bottom of the “coronacrash”, stock picking remains very difficult. New stock pickers are finding that out at the moment, so Ben weighs in on when you should actually sell that position that’s losing money.
‘How to Mentally Prepare for Retirement’ – Casey Mullooly – Mullooly Asset Management
- There are plenty of actions to take to prepare yourself for retirement, but how should you MENTALLY prepare for it? Casey dives into a few ideas in this latest post that anyone nearing retirement should check out.
‘The Market is Tightening’ – Michael Batnick – The Irrelevant Investor
- Interest rates are tied to just about every nook and cranny of the market and economy. As certain yields start to really move up, the yield curve is flattening, and the market itself is tightening. Michael gives his two cents on it all in this post.
‘Here’s What Happens to Your Credit Card Debt as Interest Rates Rise’ – Jessica Dickler – CNBC
- Interest rates are set to rise in the coming months. For people with outstanding credit card debt, you could feel the impacts of that within a few billing periods. This article looks at how the cost of borrowing would increase with rate rises.
ENJOY!